{"id":356160,"date":"2010-02-23T16:47:22","date_gmt":"2010-02-23T21:47:22","guid":{"rendered":"http:\/\/www.businessinsider.com\/bofa-merrill-lynch-hedge-fund-managers-now-say-interest-rates-will-stay-low-for-a-really-long-time-2010-2"},"modified":"2010-02-23T16:47:22","modified_gmt":"2010-02-23T21:47:22","slug":"bofamerrill-lynch-hedge-fund-managers-suddenly-think-itll-be-a-long-time-before-bernanke-raises-rates","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/356160","title":{"rendered":"BofA\/Merrill Lynch: Hedge Fund Managers Suddenly Think It’ll Be A Long Time Before Bernanke Raises Rates"},"content":{"rendered":"

From December to February, hedge fund managers’ sentiment towards the government’s raising interest rates shifted dramatically: now most think rates will stay low through 2011.<\/p>\n

Just two months ago, only 23% of the surveyed managers thought the fed would wait past 2011 to hike interest rates.<\/p>\n

BofA Merrill Lynch surveyed a bunch of hedge fund managers and until this month, the majority of managers responded saying they thought that rates would be raised by Q3 2009. <\/a><\/p>\n

\"hedge-fund-managers-on-interest-rate-hikes\"<\/p>\n

But this month most said they thought interest rates would stay low until at least 2011.<\/p>\n

Why?<\/a><\/p>\n

BofA Merrill Lynch says “the reversals in Chinese equities, European banks and\/or the dollar would signal ‘correction over’.”<\/p>\n

In short: January’s excess optimism reversed.<\/p>\n

Source: BofA Merrill Lynch Fund Manager Survey, Datastream.<\/p>\n

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